DEScycle x Mitsubishi Corporation

DEScycle is delighted to announce that Mitsubishi Corporation, one of the world’s largest metals trading companies, has made a strategic investment in the Company. This investment marks a significant milestone for DEScycle as we drive towards cleaner, more efficient recycling of critical metals from electronic waste (e-waste).

DEScycle, a pioneering deep technology company specialising in sustainable metal recovery solutions, has developed a breakthrough clean technology that enables eco-friendly recycling of valuable metals from e-waste using a proprietary Deep Eutectic Solvent (DES) process. Unlike traditional smelting and hydrometallurgical methods, which can be highly energy-intensive and generate significant waste, DEScycle’s innovative approach offers a sustainable, scalable, and commercially viable alternative with minimal environmental impact.

The investment and strategic partnership between Mitsubishi Corporation and DEScycle underscores a shared commitment to accelerating the transition towards a circular economy in the metals industry. By leveraging Mitsubishi Corporation’s extensive global network and expertise in metals trading, alongside DEScycle’s cutting-edge clean technology, the collaboration aims to establish a more sustainable supply chain for precious and critical metals, such as gold and copper, which are essential for modern electronics and green energy technologies.

DEScycle CEO, Leo Howden “We are thrilled to welcome Mitsubishi Corporation as a strategic investor. Their deep expertise in global metals trading and commitment to sustainability aligns perfectly with our mission to revolutionise metal recycling. This investment will help us scale our technology and expand our operations, as we look to make a significant impact in reducing the environmental footprint of e-waste recycling.”

General Manager, Mineral Resources Group CEO office, Toshihiko Satomi for Mitsubishi Corporation commented: “Sustainable metal supply is critical for the future of industries reliant on key materials, and we believe DEScycle’s innovative technology represents a transformative step in achieving this. Our investment reflects our confidence in DEScycle’s potential to reshape the e-waste recycling landscape while supporting our broader commitment to environmental and social responsibility.”

With the value of global e-waste projected to exceed $120 billion annually by 2030, efficient and sustainable recycling solutions are becoming more critical than ever. This investment reaffirms both companies' commitment to developing responsible and scalable solutions that align with global sustainability goals and the growing demand for ethically sourced metals of known origin.

About DEScycle

DEScycle is a deep technology company developing disruptive metals processing technologies based on a novel class of chemistry, Deep Eutectic Solvents (DES). DEScycle is initially targeting e-waste recycling, replacing energy-intensive smelters.

DEScycle’s mission is to commercialise a clearly differentiated recycling technology with industry leading costs, performance, environmental impact and transparency.

About Mitsubishi Corporation

Mitsubishi Corporation is a global integrated business enterprise that develops and operates business together with its offices and subsidiaries worldwide. MC has 8 Business Groups that operate across virtually every industry: Environmental Energy, Material Solution, Mineral Resources, Urban Development and Infrastructure, Mobility, Food Industry, Smart-Life Creation, and Power Solution.